Posts Tagged ‘the-world’

President Jacob Zuma squashed more than two years of talk on Friday about the nationalisation of South Africa's massive mining sector, saying state control or ownership of the mines in the world's biggest platinum producer could not work. Full story

Nothing is so salutary for the Chinese economy as growth in the United States, and nothing is so good for copper and iron ore prices as a strong Chinese economy. The recent drop in the U.S. Full story

Robert Prince, head of Bridgewater Associates, the largest hedge fund in the world, says his fund is long gold ( GLD , quote ) because the global economy is in a "deleveraging" process that would take decades. But what does this really mean for traders?... Full story

The latest moves towards trade in Chinese yuan sounds the early death knell of the dollar as the world's global reserve currency with gold likely to return to the monetary system as a result. Full story

Here is a list of the 10 biggest silver-producing mines in the world, based on available data. There are differences of opinion about some of the rankings and some of the production figures. Such differences of opinion stem from how miners report... Full story

According to a letter from UBS's investment chief, as the world enters 2012 neither the yellow metal nor the currency will provide investors with safe harbour. Full story

Gold shipments from Japan, the world’s third-largest economy, are at the highest level since at least 1985 as individuals who purchased jewelry more than 20 years ago are selling it amid record prices. Full story

A commodity is something that has universal definition and demand. Everyone knows what food is, and everybody wants it Full story

Perth Mint announced that it minted a one-tonne gold bullion coin that is worth over $55 million. It is the world's largest gold bullion coin Full story

According to the Bombay Bullion Association, imports of the yellow metal could drop to as low as 70 metric tons as higher prices keep buyers away (Bloomberg) - Gold imports by India, the world's largest bullion consumer, may decline by as much as 30 Full story